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Angkor Resources Corp
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Angkor Resources begins drill program at Andong Bor

2026-08-19 18:20 ET - News Release

Ms. Delayne Weeks reports

ANGKOR RESOURCES DRILLS INITIAL PROGRAM AT ANDONG BOR COPPER-GOLD TARGET, CAMBODIA

A total of 2,800 metres of diamond drilling was planned for Angkor Resources Corp.'s Andong Bor copper-gold target in Cambodia and the first 1,099 metres were completed in mid-July on the Thmei North (TN) target, a one-square-kilometre copper anomaly.

The program was staged around the Cambodian seasons: an initial portion in three holes and the balance of the program to follow in early 2027 once the fields are dry and the crops have been harvested.

Dennis Ouellette, vice-president of exploration, comments: "Two of the three holes drilled this year encountered good porphyry and skarn mineralization over the 400 metres each was drilled. Portions of skarn were especially well mineralized. The third hole contained a run of over 200 metres with continuous pyrite mineralization up to 20 per cent."

Drill program at a glance:

  • Total program: 2,800 metres of diamond drilling planned with phase 1 just completed before heaviest rains and a further minimum of 1,700 metres at the TN copper-gold target over the coming next eight months;
  • Second phase: the remaining 1,700 metres to be drilled in early 2027, once the fields are dry and the crops have been harvested to minimize crop damage and ease access to targets;
  • Hole orientation: the three initial holes were drilled to the east to better intersect the mineralized beds and the subsequent holes of phase 2 will follow the same pattern;
  • Core will be logged, photographed and sampled, with selected intervals dispatched for assay as the program progresses.

Next steps

The core from the 1,099 metres already drilled is being logged over the next few weeks and then it will be cut, sampled and sent for assays. The second phase of the Thmei North drill program and activity on Thmei South will continue in 2027.

Thmei North -- drilling to the east

The Andong Bor licence is 100.28 square kilometres and straddles Oddar Meanchey and Banteay Meanchey provinces. Drilling completed in 2025 showed that the main structures controlling mineralization are north-northwest (NNW) and steeply west dipping. Thus the holes of Thmei North are being drilled to the east in order to better intersect the mineralized beds.

In this modified copper porphyry model, the best mineralization is found within potassic-altered sediments adjacent to feldspar porphyry diorite dikes of varying widths. The intrusive dikes vary in width from a few metres to tens of metres. By drilling to the east, the company will maximize mineralized sedimentary rock interceptions as it drills through alternating lithologies of intrusive and sedimentary rocks.

Qualified person

Dennis Ouellette, BSc, PGeo, is a member of The Association of Professional Engineers and Geoscientists of Alberta (APEGA No. 104257), and a qualified person as defined by National Instrument 43-101. He is the company's vice-president of exploration on site, and has reviewed and approved the technical disclosure in this document.

About Angkor Resources Corp.

Angkor Resources is a public company, listed on the TSX Venture Exchange, and is a leading resource explorer and developer in Cambodia working toward mineral and energy solutions across the country. The company's mineral subsidiary, Angkor Gold Corp. Co. Ltd., currently holds two mineral exploration licences in Cambodia with multiple prospects in copper and gold. Both licences are in their first two-year renewal term.

Angkor's Cambodian energy subsidiary, EnerCam Resources Co. Ltd., was granted an onshore oil and gas licence in the southwestern quadrant of Cambodia called Block VIII.

The licence covers an area of approximately 4,095 square kilometres.

EnerCam is actively advancing oil and gas exploration activities onshore to meet its mission to prove Cambodia as a nation with its own oil and gas resources. The company completed 2-D seismic in 2025 and has identified multiple drill targets with multiple target zones. The company plans to follow with drilling Cambodia's first privately financed onshore exploratory oil and gas wells under a production sharing contract.

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